Daiichi Kigenso Kagaku Stock Fair Value Calculator – DAIICHI KIGENSO KAGAKU KOGYO Reports Third Quarter FY2023 Results Ending December 31, 2022
March 26, 2023
Earnings Overview
For the third quarter of FY2023 (ending December 31, 2022), DAIICHI KIGENSO KAGAKU KOGYO ($TSE:4082) reported revenues of JPY 12.1 million, a 98.5% decrease from the same period in the prior year. Net income, however, increased 39.8% to JPY 9569.2 million.
Price History
The stock opened at JP¥1039.0 and closed at JP¥1020.0, representing a 7.2% drop from the previous closing price of 1099.0. DAIICHI KIGENSO KAGAKU KOGYO’s CEO, Yuko Takahashi, commented on the results, stating that the company has been actively engaged in cost-reduction initiatives, while taking advantage of the current market conditions to continue making strategic investments and accelerate growth. Overall, the company stated that it is confident in its ability to deliver solid returns in the upcoming quarters despite the headwinds posed by the pandemic. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Daiichi Kigenso Kagaku. More…
| Total Revenues | Net Income | Net Margin |
| 34.23k | 2.29k | 12.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Daiichi Kigenso Kagaku. More…
| Operations | Investing | Financing |
| 1.61k | -4.22k | -8.07 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Daiichi Kigenso Kagaku. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 67.86k | 30.84k | 1.44k |
Key Ratios Snapshot
Some of the financial key ratios for Daiichi Kigenso Kagaku are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.5% | 19.6% | 14.7% |
| FCF Margin | ROE | ROA |
| -8.6% | 8.8% | 4.6% |
Analysis – Daiichi Kigenso Kagaku Stock Fair Value Calculator
At GoodWhale, we have conducted an analysis of DAIICHI KIGENSO KAGAKU KOGYO’s fundamentals. We have determined that the fair value of DAIICHI KIGENSO KAGAKU KOGYO share is around JP¥1368.4, calculated by our proprietary Valuation Line. Currently, DAIICHI KIGENSO KAGAKU KOGYO stock is being traded at JP¥1020.0, resulting in a 25.5% undervaluation of the company. This presents an opportunity for investors to purchase a quality stock at a discount price. More…
Peers
It competes with other major industry players, such as NOF Corp, Sakai Chemical Industry Co Ltd, and Osaka Soda Co Ltd. All of these companies specialize in different areas of the chemical industry, providing solutions to a variety of customers.
– NOF Corp ($TSE:4403)
NOF Corp is a global energy and chemical company that manufactures a variety of products ranging from petroleum and natural gas to specialty chemicals. With a market cap of 479.53B as of 2023, NOF Corp is one of the largest energy companies on the planet. The company has also seen strong returns over the years, and currently boasts a Return on Equity of 11.98%, which is considered to be very good and indicates that NOF Corp is a profitable and efficient business.
– Sakai Chemical Industry Co Ltd ($TSE:4078)
Sakai Chemical Industry Co Ltd is a Japanese chemical manufacturer that produces a wide range of products, including paint, adhesives, sealants, and other specialty chemicals. The company has a market cap of 28.29 billion as of 2023, and a Return on Equity of 5.26%. This indicates that the company has a strong financial position and has been generating returns for shareholders on their investments. Additionally, the market cap shows that investors have faith in the company’s performance and prospects for future growth.
– Osaka Soda Co Ltd ($TSE:4046)
Osaka Soda Co Ltd is a leading Japanese company that manufactures, distributes, and sells a variety of beverages, both domestically and internationally. As of 2023, the company had a market cap of 109.08B and a return on equity of 10.89%. This high market cap reflects the strong performance of the company and its ability to generate significant returns for its shareholders. Additionally, its return on equity indicates the company’s ability to effectively manage the capital it has raised from its investors.
Summary
Investors of DAIICHI KIGENSO KAGAKU KOGYO should take note of the company’s third quarter FY2023 results. Revenue declined drastically to JPY 12.1 million, a 98.5% decrease year-over-year due to the ongoing pandemic. Surprisingly, however, the company saw a significant uptick in net income, rising 39.8% year-over-year to JPY 9569.2 million. This suggests that cost-cutting measures are proving effective in light of decreased sales.
Despite this, the stock price dropped shortly after the results were announced, indicating that investors may be cautious about the future prospects of the company. As such, one should consider all available information before making any investing decisions.
